Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Blockchain»Avalanche Rumbles 21% Amid Record-Breaking Address Activity
    Blockchain

    Avalanche Rumbles 21% Amid Record-Breaking Address Activity

    FintechFetchBy FintechFetchMay 13, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reason to trust

    Strict editorial policy that focuses on accuracy, relevance, and impartiality

    Created by industry experts and meticulously reviewed

    The highest standards in reporting and publishing

    Strict editorial policy that focuses on accuracy, relevance, and impartiality

    Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.


    Este artículo también está disponible en español.

    Avalanche’s native token rose in tandem with a surge in on-chain activity. AVAX has been able to sustain a 25% increase in the last week, as the network hit two new highs. Daily transactions reached nearly 11 million on May 11, 2025. Active addresses jumped to 950,000—the most since June 2023.

    Related Reading

    Record Transaction High

    According to the Avalanche Foundation, the platform saw its single-day transaction count hit 10.8 million. That figure tops every previous high. It shows a burst of action across DeFi apps, gaming projects, and automated scripts. Some of those transactions come from bots, but many reflect real users swapping tokens or minting NFTs.

    Activity across the Avalanche network is surging, with milestones achieved on May 11th, 2025:

    🔺 10.8M+ daily transactions — an all-time high
    🔺 950K active addresses — highest since June 2023
    🔺 Nearly 30M contracts deployed — and growing

    Momentum is building across the… pic.twitter.com/ZfN8PfoJqk

    — Avalanche Foundation 🔺 (@AvalancheFDN) May 12, 2025

    Active User Growth

    Based on reports, nearly 950,000 addresses interacted with the network in one day. That is the strongest turnout in almost two years. Everyday people and developers both play a part. Nearly 30 million smart contracts have been deployed on Avalanche so far. Each new contract adds another tool or game for users.

    Source: Avalanche Foundation

    Price Moves And Market Trends

    AVAX broke above $24.55 resistance this week. That move linked up with a broader rally in top tokens, leaving AVAX about 110% higher over the past 14 days. Bitcoin raced past $105,000, and risk assets rallied after a US-China trade deal was signed in Switzerland. Stocks opened sharply higher, and crypto followed suit. Traders say looser trade tensions often lift coins.

    Avalanche is thriving going into Summit!

    Can’t wait to share what we and our partners have been working on. Even these numbers will look minuscule in time. https://t.co/5JK5cjNjNV

    — Emin Gün Sirer🔺⚔️ (@el33th4xor) May 12, 2025

    Outlook For Avalanche Summit

    The network is heading into its Avalanche Summit in London with strong momentum. Ava Labs founder Emin Gün Sirer posted on X that milestones like these “will look minuscule in time.” He hinted that bigger announcements lie ahead. If new partnerships or protocol upgrades arrive at the summit, both usage and AVAX price could get another boost.

    The pullback in selling pressure has been in place since February. Now, buyers are stepping in again. That suggests confidence in Avalanche’s tech and its community. The token once hit an all-time high above $146 in November 2021. Since then, it has seen ups and downs, but the recent surge shows users and investors remain interested.

    AVAX market cap currently at $10.3 billion. Chart: TradingView.com

    Related Reading

    Analysts at Nansen voiced a bullish view, too. Aurelie Barthere said she expects altcoins, equities, and even the US dollar to climb together. That outlook depends on continued positive news—both from markets and from Avalanche itself.

    For now, Avalanche stands among the top layer-1 blockchains in daily use. The numbers speak for themselves: 10.8 million transactions on a single day, nearly 1 million active addresses, and millions of contracts ready to go.

    Featured image from Gemini Imagen, chart from TradingView





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleThis Week in Fintech: TFT Bi-Weekly News Roundup 13/05
    Next Article £10k invested in NatWest shares on the ‘Liberation Day’ dip is today worth…
    FintechFetch
    • Website

    Related Posts

    Blockchain

    ‘We Would Already Be Below $108,000 If The Crash Wasn’t Over’

    October 17, 2025
    Blockchain

    Boom Incoming? XRP’s Market Setup Looks ‘Explosive,’ Analyst Says

    October 17, 2025
    Blockchain

    Bitcoin Miners Flood Binance With 51K BTC — Is A Sell-Off Imminent?

    October 17, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Federated learning in fraud detection: From proof of concept to practical adoption: By Ben O’Brien

    September 4, 2025

    PayPal’s PYUSD Expands Across New Chains With LayerZero

    September 21, 2025

    eToro Partners with Lean to Provide Instant AED Bank Transfers to UAE Customers

    October 1, 2025

    Customised Payment Plans in the UK: WooCommerce and Affirm Take Next Step in 10 Year Partnership

    April 26, 2025

    6 Creative Ways to Improve Internal Communications at Work

    April 26, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Boku Revenue Climbs 34% as Company Gets New Chairman

    July 26, 2025

    4 Things That Could Impact Crypto Markets This Week

    June 2, 2025

    Is Wave 5 Still Coming or a New Bull Trend Emerging?

    October 17, 2025
    Our Picks

    What Sora’s Martin Luther King Jr. problem revealed to OpenAI

    October 18, 2025

    Everything To Know About The OpenLoot Credit Airdrop This Weekend

    October 18, 2025

    Is Wave 5 Still Coming or a New Bull Trend Emerging?

    October 17, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.